Bulgaria

Find details about Bulgaria's beneficial ownership transparency reforms

Records last updated: 08 November 2023

Committed to one or more

  • Live register
    Following the launch of one or more beneficial ownership registers, a country is labelled as Live register.
Data is drawn from publicly-available sources and may not be comprehensive for all countries. If data is incorrect, please let us know.

Implementation details

Bulgaria Commercial Register

Name
Bulgaria Commercial Register
Central register implemented
Yes
Public access
Yes
Scope
Full-economy
Threshold used to determine beneficial ownership
25%

Commitment details

Show further detail
  • Bulgaria has included a commitment in an Open Government Partnership National Action Plan to beneficial ownership transparency
  • Bulgaria made a commitment to beneficial ownership transparency and effectively implementing FATF’s revised Recommendation 24 during the second Summit for Democracy [29 March 2023] link to commitment
  • As a European Union member, Bulgaria was obliged to create a central, public register of beneficial ownership as part of the EU’s fifth Anti-Money Laundering Directive. Following the judgement of the Court of Justice of the European Union on 22 November 2022, member states are no longer required to provide public access, and are instead required to, at a minimum, provide access to those that can demonstrate a legitimate interest. [19 April 2018] link to commitment